Royal Bank of Canada (RY) and Credit Suisse (CS) are said to be among the suitors who have made...

Royal Bank of Canada (RY) and Credit Suisse (CS) are said to be among the suitors who have made initial bids to buy BofA's (BAC) non-U.S. wealth management business. The unit, which could bring in ~$2B in a sale, is being auctioned off because BofA reportedly considers it too small to produce meaningful profits.